Gary Gensler Hints at Changing His Stance on Bitcoin ETF
Adekunle Joshua
Gary Gensler has recently acknowledged the possibility of the SEC reassessing its position on the Bitcoin ETF
Speculations are circulating once more about the approval of a Bitcoin spot ETF by January 2024, potentially triggering a bullish market surge before the 2024 halving event
The recent success of Grayscale might be compelling the SEC to reevaluate its stance on ETFs.
Congressman Bryan Steil has criticized Gensler for his perceived vagueness and evasiveness
The early approval of an ETF, anticipated in January, has the potential to propel Bitcoin's price beyond analysts' predictions of $80,000-$100,000 in 2024.